Stockhub - Revision history

95.149.241.133 at 12:43, 16 September 2022

2022-09-16T12:43:39Z

← Older revision		Revision as of 13:43, 16 September 2022
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	\|Which time period do you want to use to estimate the expected return?		\|Which time period do you want to use to estimate the expected return?
	\|Between now and five years time		\|Between now and five years time
	\|Stockhub suggests that to account for general market cyclicity, it's best to estimate the expected return of the company between now and five years time.		\|Research suggests that following a market crash, the average amount of time it takes for the price of a stock market to return to its pre-crash level (i.e. the recovery period) is at least three years.<ref>https://www.newyorkfed.org/mediabrary/media/medialibrary/media/research/staff_reports/research_papers/9809.pdf</ref> Accordingly, Stockhub suggests that to account for general market cyclicity, it's best to estimate the expected return of the company between now and five years time.
	\|}		\|}

95.149.241.133 at 18:06, 15 September 2022

2022-09-15T18:06:51Z

← Older revision		Revision as of 19:06, 15 September 2022
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	{\| class="wikitable"		{\| class="wikitable"
	\|+Cost of equity		\|+Cost of equity
	!~~Date~~		!Input
	!~~Beta~~		!Input value
	!~~Risk-free rate (%)~~		!Additional information
	~~!Equity risk premium (%)~~
	~~!Cost of equity (%)~~
	\|-		\|-
	\|~~12/09/2022~~		\|Beta
	\|1.33		\|1.33
			\|The figure here is taken from Yahoo Finance (https://uk.finance.yahoo.com/quote/META?p=META), on 15th September 2022.
			\|-
			\|Risk-free rate (%)
	\|3.44%		\|3.44%
			\|Here, the risk free rate is the US 30 year treasury bond, and is calculated as at 15th September 2022.
			\|-
			\|Equity risk premium (%)
	\|5.26%		\|5.26%
			\|Here, the equity risk premium is relation to the global region, and is calculated as at 1st January 2022 (https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/ctryprem.html).
			\|-
			\|Cost of equity (%)
	\|10.44%		\|10.44%
			\|Cost of equity = Risk-free rate + Beta x Equity risk premium
	\|}		\|}

94.119.64.3 at 14:37, 13 September 2022

2022-09-13T14:37:15Z

← Older revision		Revision as of 15:37, 13 September 2022
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	\| Cost of goods sold margin (%)		\| Cost of goods sold margin (%)
	\|20%		\|20%
	\|Research suggests that it's best to use a similar margin rate as the one used by peers that are in the same growth stage (i.e. growth stage 1)<ref name=":7">http://people.stern.nyu.edu/adamodar/pdfiles/papers/younggrowth.pdf</ref>, and the margin for its peers ~~was~~ 20%.		\|Research suggests that it's best to use a similar margin rate as the one used by peers that are in the same growth stage (i.e. growth stage 1)<ref name=":7">http://people.stern.nyu.edu/adamodar/pdfiles/papers/younggrowth.pdf</ref>, and the margin for its peers is 20%.
	\|-		\|-
	\|Selling, General and Administrative expenses margin (%)		\|Selling, General and Administrative expenses margin (%)
	\|80%		\|80%
	\|Research suggests that it's best to use a similar margin rate as the one used by peers that are in the same growth stage (i.e. growth stage 1)<ref name=":7" />, and the margin for its peers ~~was~~ 80%.		\|Research suggests that it's best to use a similar margin rate as the one used by peers that are in the same growth stage (i.e. growth stage 1)<ref name=":7" />, and the margin for its peers is 80%.
	\|-		\|-
	\|Tax rate (%)		\|Tax rate (%)
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	\|Depreciation rate (%)		\|Depreciation rate (%)
	\|10%		\|10%
	\|Research suggests that it's best to use a similar margin rate as the one used by peers that are in the same growth stage (i.e. growth stage 1)<ref name=":7" />, and the margin for its peers ~~was~~ 10%.		\|Research suggests that it's best to use a similar margin rate as the one used by peers that are in the same growth stage (i.e. growth stage 1)<ref name=":7" />, and the margin for its peers is 10%.
	\|-		\|-
	\|Fixed capital margin (%)		\|Fixed capital margin (%)
	\|25%		\|25%
	\|Research suggests that it's best to use a similar margin rate as the one used by peers that are in the same growth stage (i.e. growth stage 1)<ref name=":7" />, and the margin for its peers ~~was~~ 25%.		\|Research suggests that it's best to use a similar margin rate as the one used by peers that are in the same growth stage (i.e. growth stage 1)<ref name=":7" />, and the margin for its peers is 25%.
	\|-		\|-
	\|Change in working capital (£000)		\|Change in working capital (£000)
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	\| Cost of goods sold margin (%)		\| Cost of goods sold margin (%)
	\|20%		\|20%
	\|Research suggests that it's best to use a similar margin rate as the one used by peers that are in the same growth stage (i.e. growth stage 2)<ref name=":7" />, and the margin for its peers ~~was~~ 20%.		\|Research suggests that it's best to use a similar margin rate as the one used by peers that are in the same growth stage (i.e. growth stage 2)<ref name=":7" />, and the margin for its peers is 20%.
	\|-		\|-
	\|Selling, General and Administrative expenses margin (%)		\|Selling, General and Administrative expenses margin (%)
	\|60%		\|60%
	\|Research suggests that it's best to use a similar margin rate as the one used by peers that are in the same growth stage (i.e. growth stage 2)<ref name=":7" />, and the margin for its peers ~~was~~ 60%.		\|Research suggests that it's best to use a similar margin rate as the one used by peers that are in the same growth stage (i.e. growth stage 2)<ref name=":7" />, and the margin for its peers is 60%.
	\|-		\|-
	\|Tax rate (%)		\|Tax rate (%)
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	\|Depreciation rate (%)		\|Depreciation rate (%)
	\|10%		\|10%
	\|Research suggests that it's best to use a similar margin rate as the one used by peers that are in the same growth stage (i.e. growth stage 2)<ref name=":7" />, and the margin for its peers ~~was~~ 10%.		\|Research suggests that it's best to use a similar margin rate as the one used by peers that are in the same growth stage (i.e. growth stage 2)<ref name=":7" />, and the margin for its peers is 10%.
	\|-		\|-
	\|Fixed capital margin (%)		\|Fixed capital margin (%)
	\|25%		\|25%
	\|Research suggests that it's best to use a similar margin rate as the one used by peers that are in the same growth stage (i.e. growth stage 2)<ref name=":7" />, and the margin for its peers ~~was~~ 25%.		\|Research suggests that it's best to use a similar margin rate as the one used by peers that are in the same growth stage (i.e. growth stage 2)<ref name=":7" />, and the margin for its peers is 25%.
	\|-		\|-
	\|Change in working capital (£000)		\|Change in working capital (£000)
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	\| Cost of goods sold margin (%)		\| Cost of goods sold margin (%)
	\|20%		\|20%
	\|Research suggests that it's best to use a similar margin rate as the one used by peers that are in the same growth stage (i.e. growth stage 3)<ref name=":7" />, and the margin for its peers ~~was~~ 20%.		\|Research suggests that it's best to use a similar margin rate as the one used by peers that are in the same growth stage (i.e. growth stage 3)<ref name=":7" />, and the margin for its peers is 20%.
	\|-		\|-
	\|Selling, General and Administrative expenses margin (%)		\|Selling, General and Administrative expenses margin (%)
	\|40%		\|40%
	\|Research suggests that it's best to use a similar margin rate as the one used by peers that are in the same growth stage (i.e. growth stage 3)<ref name=":7" />, and the margin for its peers ~~was~~ 40%.		\|Research suggests that it's best to use a similar margin rate as the one used by peers that are in the same growth stage (i.e. growth stage 3)<ref name=":7" />, and the margin for its peers is 40%.
	\|-		\|-
	\|Tax rate (%)		\|Tax rate (%)
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	\|Depreciation rate (%)		\|Depreciation rate (%)
	\|10%		\|10%
	\|Research suggests that it's best to use a similar margin rate as the one used by peers that are in the same growth stage (i.e. growth stage 3)<ref name=":7" />, and the margin for its peers ~~was~~ 10%.		\|Research suggests that it's best to use a similar margin rate as the one used by peers that are in the same growth stage (i.e. growth stage 3)<ref name=":7" />, and the margin for its peers is 10%.
	\|-		\|-
	\|Fixed capital margin (%)		\|Fixed capital margin (%)
	\|25%		\|25%
	\|Research suggests that it's best to use a similar margin rate as the one used by peers that are in the same growth stage (i.e. growth stage 3)<ref name=":7" />, and the margin for its peers ~~was~~ 25%.		\|Research suggests that it's best to use a similar margin rate as the one used by peers that are in the same growth stage (i.e. growth stage 3)<ref name=":7" />, and the margin for its peers is 25%.
	\|-		\|-
	\|Change in working capital (£000)		\|Change in working capital (£000)
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	\|Cost of goods sold margin (%)		\|Cost of goods sold margin (%)
	\|20%		\|20%
	\|Research suggests that it's best to use a similar margin rate as the one used by peers that are in the same growth stage (i.e. growth stage 4)<ref name=":7" />, and the margin for its peers ~~was~~ 20%.		\|Research suggests that it's best to use a similar margin rate as the one used by peers that are in the same growth stage (i.e. growth stage 4)<ref name=":7" />, and the margin for its peers is 20%.
	\|-		\|-
	\|Selling, General and Administrative expenses margin (%)		\|Selling, General and Administrative expenses margin (%)
	\|40%		\|40%
	\|Research suggests that it's best to use a similar margin rate as the one used by peers that are in the same growth stage (i.e. growth stage 4)<ref name=":7" />, and the margin for its peers ~~was~~ 40%.		\|Research suggests that it's best to use a similar margin rate as the one used by peers that are in the same growth stage (i.e. growth stage 4)<ref name=":7" />, and the margin for its peers is 40%.
	\|-		\|-
	\|Tax rate (%)		\|Tax rate (%)
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	\|Depreciation rate (%)		\|Depreciation rate (%)
	\|10%		\|10%
	\|Research suggests that it's best to use a similar margin rate as the one used by peers that are in the same growth stage (i.e. growth stage 4)<ref name=":7" />, and the margin for its peers ~~was~~ 10%.		\|Research suggests that it's best to use a similar margin rate as the one used by peers that are in the same growth stage (i.e. growth stage 4)<ref name=":7" />, and the margin for its peers is 10%.
	\|-		\|-
	\|Fixed capital margin (%)		\|Fixed capital margin (%)
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	\|10%		\|10%
	\|There are two key risk parameters for a firm that need to be estimated: its cost of equity and its cost of debt. A key way to estimate the cost of equity by looking at the beta (or betas) of the company in question, the cost of debt from a measure of default risk (an actual or synthetic rating) and apply the market value weights for debt and equity to come up with the cost of capital.		\|There are two key risk parameters for a firm that need to be estimated: its cost of equity and its cost of debt. A key way to estimate the cost of equity by looking at the beta (or betas) of the company in question, the cost of debt from a measure of default risk (an actual or synthetic rating) and apply the market value weights for debt and equity to come up with the cost of capital.


			Research suggests that it's best to use a similar margin rate as the one used by peers that are in the same growth stage (i.e. growth stage 3).


			A peer that is in growth stage three (i.e. the same growth stage) is Meta Platform Inc. and its discount rate is around 10% (for further information on the discount rate, see the table in the Appendix below).
	\|-		\|-
	\|Probability of success (%)		\|Probability of success (%)

94.119.64.23 at 14:30, 13 September 2022

2022-09-13T14:30:42Z

← Older revision		Revision as of 15:30, 13 September 2022
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	Note: five years after incorporation (i.e. April 2018), Robinhood’s valuation was $5.6 billion, and it was trading on a growth-adjusted EV/sales ratio of 43x.		Note: five years after incorporation (i.e. April 2018), Robinhood’s valuation was $5.6 billion, and it was trading on a growth-adjusted EV/sales ratio of 43x.

			=== Meta Platform Inc. ===
			{\| class="wikitable"
			\|+Cost of equity
			!Date
			!Beta
			!Risk-free rate (%)
			!Equity risk premium (%)
			!Cost of equity (%)
			\|-
			\|12/09/2022
			\|1.33
			\|3.44%
			\|5.26%
			\|10.44%
			\|}

	===Economic links to cash flow patterns ===		===Economic links to cash flow patterns ===

Manos at 11:25, 2 September 2022

2022-09-02T11:25:21Z

← Older revision		Revision as of 12:25, 2 September 2022
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	[[Category:United Kingdom]]		[[Category:United Kingdom]]

	~~__INDEX__~~		__NOINDEX__

Manos at 11:23, 2 September 2022

2022-09-02T11:23:14Z

← Older revision		Revision as of 12:23, 2 September 2022
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	{{Logo\|[[File:Stockhub logo icon meta tag.png\|thumb]]}}		{{Logo Image\|[[File:Stockhub logo icon meta tag.png\|thumb]]}}

	{{Short description\|Helping to make more money for everyone (and not just the wealthy!).}}		{{Short description\|Helping to make more money for everyone (and not just the wealthy!).}}

95.149.241.133 at 18:51, 20 August 2022

2022-08-20T18:51:47Z

← Older revision		Revision as of 19:51, 20 August 2022
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	[[Category:Equities]]		[[Category:Equities]]
	[[Category:United Kingdom]]		[[Category:United Kingdom]]

			__INDEX__

172.18.0.4 at 20:03, 7 August 2022

2022-08-07T20:03:46Z

← Older revision		Revision as of 21:03, 7 August 2022
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	[[File:Stockhub logo icon meta tag.png\|thumb]]		{{Logo\|[[File:Stockhub logo icon meta tag.png\|thumb]]}}

	Helping to make more money for everyone (and not just the wealthy!).		{{Short description\|Helping to make more money for everyone (and not just the wealthy!).}}

	{\| class="wikitable"		{\| class="wikitable"

172.18.0.4 at 14:01, 7 August 2022

2022-08-07T14:01:36Z

← Older revision		Revision as of 15:01, 7 August 2022
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	\|+ Key information		\|+ Key information
	\|-		\|-
	\| Risk/return\|\| High		\| Risk/return\|\| [[Risk/return::High]]
	\|-		\|-
	\| Price per share\|\| £10		\| Price per share\|\| [[Price per share::£10]]
	\|-		\|-
	\| Asset class\|\| Equities<ref name=":0">https://find-and-update.company-information.service.gov.uk/company/13169692</ref>		\| Asset class\|\| [[Asset class::Equities]]<ref name=":0">https://find-and-update.company-information.service.gov.uk/company/13169692</ref>
	\|-		\|-
	\| Industry\|\| Fintech		\| Industry\|\| [[Industry::Fintech]]
	\|-		\|-
	\| Country of incorporation\|\| United Kingdom<ref name=":0" />		\| Country of incorporation\|\| [[Country of incorporation::United Kingdom]]<ref name=":0" />
	\|-		\|-
	\| Minimum investment amount\|\| £10		\| Minimum investment amount\|\| [[ Minimum investment amount::£10]]
	\|-		\|-
	\| Maximum investment amount\|\| £500,000		\| Maximum investment amount\|\| [[ Maximum investment amount::£500,000]]
	\|-		\|-
	\| Current valuation\|\| £4,000,000		\| Current valuation\|\| [[Current valuation::£4,000,000]]
	\|-		\|-
	\| Investor type\|\| All		\| Investor type\|\| [[Investor type::All]]
	\|-		\|-
	\| Tax schemes\|\| SEIS/EIS		\| Tax schemes\|\| [[Tax schemes::SEIS/EIS]]
	\|-		\|-
	\| Bid/ask spread\|\| NA		\| Bid/ask spread\|\| [[Bid/ask spread::NA]]
	\|-		\|-
	\| Commission amount\|\| Zero		\| Commission amount\|\| [[Commission amount::Zero]]
	\|-		\|-
	\| Market\|\| Private<ref name=":0" />		\| Market\|\| [[Market::Private]]<ref name=":0" />
	\|}		\|}

>Philip: Undo revision 2038 by Philip (talk)

2022-05-16T23:50:18Z

Undo revision 2038 by Philip (talk)

← Older revision		Revision as of 00:50, 17 May 2022
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	What makes the platform unique is that the research is produced open collaboratively. Evidence suggests that open collaborative investment research will, in time, result in Active Investors making better investment decisions, and, ultimately, more money.		What makes the platform unique is that the research is produced open collaboratively. Evidence suggests that open collaborative investment research will, in time, result in Active Investors making better investment decisions, and, ultimately, more money.

	[[File:Stockhub report example.png\|centre]]		[[File:Stockhub report example.png\|centre\|400px]]

	===What's the biggest achievement of the company? ===		===What's the biggest achievement of the company? ===